Shanxi Coking Coal Becomes the "Aircraft Carrier" of "Shuangyi" Coal

As of December 25, Shanxi Coking Coal Group's raw coal production and sales revenue reached 100.29 million tons and 101.8 billion yuan, respectively, and successfully achieved the goal of "double billion" proposed at the beginning of the year. This historic moment also marks Shanxi Coking Coal as the largest coking coal producer in China, the second domestic “bi-billion” coal enterprise, and the first coal-fired production enterprise with over 100 million tons in Shanxi Province and the second largest provincial enterprise. The brand-new image of a company with a revenue of over one hundred billion dollars is displayed in front of the world.

Raw coal production and sales revenue exceeded “two billion yuan”, and entered the ranks of domestic coal-bearing tons of coal to become Shanxi’s first coal-fired company with over 100 million tons of coal output, and the second company with billions of revenues Yuan Chunqing sent a congratulatory letter of congratulation as of December 25, Shanxi. The raw coal production and sales income of the Coking Coal Group reached 100.29 million tons and 101.8 billion yuan, respectively, and successfully achieved the goal of “double-billion” proposed at the beginning of the year. This historic moment also marks Shanxi Coking Coal as the largest coking coal producer in China, the second domestic “bi-billion” coal enterprise, and the first coal-fired production enterprise with over 100 million tons in Shanxi Province and the second largest provincial enterprise. The brand-new image of a company with a revenue of over one hundred billion dollars is displayed in front of the world. Provincial Party Committee Yuan Chunqing and Governor Wang Jun sent a congratulatory letter.

In the past nine years, the company focused on its main business and created a "billion-dollar" coal "aircraft carrier." In 2001, the Shanxi Coking Coal Group, which was formed by the three mining bureaus of Xishan, Daixi and Huozhou, produced 31.79 million tons of coal annually, produced 13.34 million tons of refined coal, sold 26.71 million tons of coal, and achieved sales of 5.4 billion yuan. Total 830 million yuan. Up to now, raw coal production has exceeded 100 million tons, 40 million tons of refined coal production, 80 million tons of coal sales, sales revenue exceeded 100 billion yuan, total profits and taxes 16.3 billion yuan, respectively, 3.2 times, 3 times, 3 Times, 18.5 times, and 19.6 times. In the province's major coal mine reorganization of resources integration, Shanxi coking coal in one move integrates 169 small mines, and integrates and retains 69 mines. The newly-increased well area is 657.3 square kilometers, and the geological reserves is 5.927 billion tons. The planned production capacity is 70.86 million tons per year. Industry development has laid a decisive foundation. By the end of this year, the number of coal mines has reached 101, with a total capacity of 137.8 million tons/year.

Nine years of centralized marketing has created one of the most influential and driving coking coal suppliers. This year, coking coal sales accounted for 8% of the total domestic metallurgical coking purchases, 15% of the purchase volume of the main steel mills in ***, and a stable terminal customer base consisting of 101 companies. The sales volume and sales price of coking coal increased sharply and continued to be stable. This year it reached 35.33 million tons and 1,094.75 yuan per ton, which was 2.79 times and 4.29 times before the establishment. Relying on the sales advantages of coking coal, it actively implemented coal and coal, coal and coal. Coal Union, coal port, and coal roads alliance strategy has established trade, property rights, capital and project cooperation relationships with 15 downstream and affiliated companies.

Nine years of investment and construction, built a new platform for modern industrial systems. The completion of a large number of large-scale modern mines, completion of industrial chain extension node projects and continued high-intensity equipment and technology investment have drastically promoted the adjustment of industrial structure and the improvement of the overall quality of leading industries, and promoted “coal-electricity-materials, coal-to-coking-chemistry”. Two leading industrial chain extensions and circular economy development. In the past nine years, Shanxi Coking Coal has invested a total of RMB 45.2 billion, and has paid close attention to 49 major projects and 105 key projects. 14.5 billion yuan was spent on equipment upgrades, technological expenses, and information construction.

Nine years devoted themselves to safety and opened up a new journey to explore the path of corporate security development. Since its inception, the company has consistently placed safety at the top of the list. It has always maintained production safety, guaranteed investment, promoted safety, special inspections and incentives for safety, and formed a strong cultural atmosphere of “safety first”. The environment continues to improve and safety management continues to increase. It has achieved no serious accidents for seven consecutive years, and the death rate per million tons is controlled below 0.107. From January to November this year, the coal mine safety production situation achieved continuous improvement. There were three coal mine accidents, five deaths, and a death rate of one million tons, which was the highest level in the same period since its establishment.

"For the grand goal of coking coal to create a modern multinational energy group with a capacity of 100 million tons, 'Shuangyi' is just a phase-breaking achievement." Bai Peizhong, chairman of Shanxi Coking Coal Group, said that the next step is to actively participate in During the 12th Five-Year Plan period, all efforts were made to push forward the "Five Constructions", ensure "five-fold expansion," and realize the realization of the "Five Transformations" goal, so as to make new contributions to the transformation and development of the province.

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